India's biggest airline by market share, IndiGo, reported ₹13.04 billion ($196 million) in net profit in the year to the end of March, two sources familiar with the matter said on Thursday, up from ₹3.17 billion a year earlier.
IndiGo's parent company InterGlobe Aviation Ltd is preparing to list on the stock exchange after filing a draft prospectus in June as it looks to cash in on the airline's success.
The sources declined to be named because the results are not yet public.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.